Commercial ObserverArticle
Apartment Complex Sells for $51M in Los Angeles’ Miracle Mile
Prime Residential acquired the 132-unit complex in the Miracle Mile neighborhood for $51.3 million. An LLC tied to Studio City-based Harrison Properties sold the property at 740 South Burnside Avenue, named Palm Court Apartments, for approximately $388,000 per unit. Marcus & Millichap’s Jeff Louks, Gayle Factor and…
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Provenance
- Publisher
- Commercial Observer
- Obtained from
- Unknown: source not established
- Published
- Jul 17, 2026
- Last updated
- Jul 18, 2026 (1 month ago)
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